Replies to post #24731 on Seafarer Exploration Corp (SFRX)

[Southern Gal]

For me those reasons don't justify the 2 cent valuation in light of a potential $5,000,000,000 score.

However, perhaps the stats behind the situation can shed some light.

What are the odds of the 5 billion being correct? 50/50, 10:1 against, 20:1 against, 50:1 against?

If the pps goes to $2.50 in the wake of a $5,000,000,000 salvage, odds of 50:1 provide the mathematical basis to buy shares at .02. And that's a cold fact.

If one wagers $1000 @ 50:1 odds, statistically a win should happen once in 50 attempts.

However, if the win provides a payout of $125,000 ($1,000 invested at a pps of $.02 becomes $125,000 at a pps of $2.50) then investing at .02 is a statististical no brainer if the payout is $2.50. The odds would have to be worse than 125:1 to make buying shares @ $0.02 an unwise decision if the reward is a pps of $2.50

Now, I put it to those with expertise in the field. What is your opinion regarding the chances of there being a $5,000,000,000 pot of gold (specifically) in site #3, and, for SFRX to find it?

[aviator13]

Thanks for the opinion and insight. I have been here for almost 2 years, so I am not going anywhere. Wish I had bought more when I did, would love to have millions of shares as some here do. I guess I, and others, thought that things that have already happened might have led to fruitful finds and a great increase in pps. I am patient, and I can wait 2 more years if needed. I just want it now! Haha. Let's get a treat today!